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Broker Details
Solid ECN is an online trading broker that trades on forex, Commodities, and Cryptocurrencies. This broker is based on the MetaTrader5 platform. This has software for Windows, MAC, iOS, Android, and Linux. Despite having software for five big platforms, this is also available as a webtrader. Besides all of these, this broker provides forex signals.
Solid ECN has four types of accounts for their clients. Each of these accounts comes with different features. All the features of four different accounts are discussed below-
- Micro Account:- This account requires a minimum of $1 deposit to get activated. The spread in this account starts from 2.0 pips. The maximum leverage in this account is 1:1000.
- Standard Account:- This account requires a minimum of $10 of funding. The spread in this account is 0.3 pips. The maximum leverage in this account is also 1:1000.
- Holy Account:- This account also requires a minimum of $10 deposit. The spread in this account is 1.0 pips. Just like the previous accounts, it also has the maximum leverage. This account is actually an Islamic account and this allows swap-free accounts.
- ECN Account:- This account is for professionals. It needs only a $10 minimum deposit to start. This is a zero-spread account as the spread of this account starts from 0.0 pips.
This broker doesn’t charge deposit fees for their promotional campaign. It also has a very important tool named Negative balance protection. This helps a trader a lot. Trading 24 hours 7 days a week is nearly impossible. This is why the negative balance protection feature saves a lot of money of the traders.
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